Systems and Methods for Optimizing Electronic Refund Transactions for Detected Fraudulent Transactions

3. The method of claim 2, wherein the first threshold likelihood and the second threshold likelihood are specified in the chargeback analysis request.

5. The method of claim 1, wherein the chargeback analysis request comprises at least one of identifying information of transactions associated with the one or more chargebacks, an account identification, personally identifiable information (PII), transaction detail, and a type of the chargeback analysis request for the potential chargeback transaction, and wherein the PII comprises at least one of a name, an address, a social security number, and an email address.

6. The method of claim 1, wherein the new chargeback analysis profile includes at least one of spending irregularities and suspicious activities associated with the identifying information of the potential chargeback transaction, account identification, or personally identifiable information (PII).

7. The method of claim 6, wherein the spending irregularities are calculated based on at least one of a related cardholder’s spending patterns, a geographic region of an IP address, a billing address, and a type of payment card.

8. The method of claim 1, wherein the historical transaction data associated with the identifying information of the potential chargeback transaction, the at least one of retrieved account identification, and PII from the historical transaction database comprises at least one of a merchant’s identification, location and terminal information, a source IP address, a date and a time, device information, and a transaction amount of purchase transactions.

9. The method of claim 1, wherein the identifying information of transactions includes at least one of a transaction amount, a merchant identification, and a date and a time of the one or more chargebacks.

10. The method of claim 1, wherein the new chargeback analysis profile provides one or more chargeback alert parameters for future transactions to the payment processor.

13. The system of claim 12, wherein the first threshold likelihood and the second threshold likelihood are specified in the chargeback analysis request.

14. The system of claim 11, wherein the chargeback analysis request comprises at least one of the identifying information of transactions associated with the one or more chargebacks, an account identification, personally identifiable information (PII), transaction detail, and a type of the chargeback analysis request for the potential chargeback transaction, and wherein the PII comprises at least one of a name, an address, a social security number, and an email address.

17. The non-transitory machine-readable medium of claim 16, wherein the first threshold likelihood and the second threshold likelihood are specified in the chargeback analysis request.

18. The non-transitory machine-readable medium of claim 15, wherein the chargeback analysis request comprises at least one of the identifying information of transactions associated with the one or more chargebacks, an account identification, personally identifiable information (PII), transaction details, and a type of the chargeback analysis request for the potential chargeback transaction, and wherein the PII comprises at least one of a name, an address, a social security number, and an email address.